The point at which real GDP reaches a maximum during a business cycle is called the:
a. peak.
b. recession.
c. recovery.
d. trough.
a
Economics
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The U.S. market for interbank borrowing and lending is called the:
a. Primary market. b. Secondary market. c. Money market. d. Eurodollar market. e. Federal funds markets.
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The buyer of a derivative is _______ assuming risk relative to the seller.
A. more comfortable B. less comfortable C. just as comfortable D. less open to
Economics